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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$425,000
Cap Rate
The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
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Lot Size
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Building Size
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Premise Summary
Church property, on .653 hectares 0r 1.61 acres of land, great location overlooking hwy 55which winds through the town of Athabasca. Town may be sooperative to rezone the land. Building is in excellent condition is set up with the sanctuary on the main level and the basement is fully developed with kitchen/dining area, and other smaller classrooms, there are two large bathrooms and good sized foyer. great sized parking lot and good grounds, (id:39198)
Location
Province
Alberta
City
Athabasca Town
Address
3510 48 Av
Postal Code
T9S1T9
Location Highlights
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Listed by
The Good Real Estate Company Alberta listing
Category
Property Information
Premise Status
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With Accommodation
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Tenancy
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Lot Size
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Available Space
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Building Size
2,400
Year Built
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Years Remaining in Current Lease Term
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Renewal Options
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Operational Information
Number of Working Owners
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Current Owner - years
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FF & E
Furniture, Fixtures & Equipment that remain with the business.
Not Included
Inventory Value - approximate
Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.
Not Included
Franchise
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Financial Information
Yearly Rate
$425,000
Asking Price
$425,000
Cap Rate
The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
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NOI
Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.
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Gross Revenue- annual
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Cash Flow - annual
1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
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EBITDA
Earnings Before Interest, Taxes, Depreciation, Amortization.
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Premises Size (square feet)
2,400
Other Information
Owner willing to Finance
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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